Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

David Simmonds Excerpts
Tuesday 1st February 2022

(2 years, 4 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The hon. Gentleman is right to point out the measures that we can take to strengthen the powers against money laundering and illicit crime. Those measures require legislation, as he knows. Although I cannot pre-empt the Queen’s Speech, he should know that I, the Home Secretary and others strongly support the inclusion of the economic crime Bill, which contains those measures.

David Simmonds Portrait David Simmonds (Ruislip, Northwood and Pinner) (Con)
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T8. I have heard a great deal from the local authorities that serve my constituency about the benefits of early intervention, especially when it comes to tackling poverty and disadvantage. What assessment is the Treasury planning to undertake to establish the benefits to taxpayers of that investment in vital services?

Simon Clarke Portrait The Chief Secretary to the Treasury (Mr Simon Clarke)
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My hon. Friend raises an important point. My right hon. Friend the Chancellor worked closely with him in his previous post as a local government Minister. The supporting families programme provides funding for local authorities to deliver early intervention in children’s services. The programme was the subject of a robust national evaluation between 2015 and 2020, which demonstrated that in addition to improved outcomes for children and families, it delivered a return on investment of £2.28 of economic benefits for every £1 spent.